Sound Financial Bancorp, Inc. Q2 2021 Results
Retrieved on:
Thursday, July 29, 2021
Key Points:
Seattle
Sound Community Bank Welcomes New Director of Banking Operations
Retrieved on:
Tuesday, July 27, 2021
SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome Jon Kacirk, Director of Banking Operations.
Key Points:
- SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome Jon Kacirk, Director of Banking Operations.
- Jon Kacirk is Senior Vice President and Director of Banking Operations responsible for oversight of Retail Branch, Deposit, and Payment Operations.
- Sound Community Bank is a Seattle-based community bank, providing personal and business banking services in King, Pierce, Snohomish, Jefferson and Clallam Counties, and on the web at www.soundcb.com .
- Sound Community Bank is a subsidiary of Sound Financial Bancorp, Inc. (NASDAQ: SFBC).
Sound Community Bank Welcomes Credit Officer and Commercial Loan Officer
Retrieved on:
Tuesday, July 27, 2021
SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome new Credit Officer and new Commercial Loan Officer.
Key Points:
- SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome new Credit Officer and new Commercial Loan Officer.
- He brings over 17 years banking experience primarily focused on commercial & industrial lending and commercial real estate credit risk management.
- Sound Community Bank is a full-service bank, providing personal and business banking services in communities across the greater Puget Sound region.
- Sound Community Bank is a subsidiary of Sound Financial Bancorp, Inc. (NASDAQ: SFBC).
Sound Community Bank Welcomes New Chief Accounting Officer
Retrieved on:
Tuesday, July 27, 2021
SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome a new Chief Accounting Officer, Jennifer L. Mallon.
Key Points:
- SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome a new Chief Accounting Officer, Jennifer L. Mallon.
- She brings over 15 years of financial services and community banking experience to Sound Community Bank.
- Sound Community Bank is a Seattle-based community bank, providing personal and business banking services in King, Pierce, Snohomish, Jefferson and Clallam Counties, and on the web at www.soundcb.com .
- Sound Community Bank is a subsidiary of Sound Financial Bancorp, Inc. (NASDAQ: SFBC).
Starbucks Transitions Retail Business in South Korea to E-Mart and GIC
Retrieved on:
Tuesday, July 27, 2021
In addition, Starbucks Coffee Company has agreed to sell its remaining ownership share of Starbucks Coffee Korea Co., Ltd. to an affiliate of GIC Private Limited, (GIC), Singapores sovereign wealth fund.
Key Points:
- In addition, Starbucks Coffee Company has agreed to sell its remaining ownership share of Starbucks Coffee Korea Co., Ltd. to an affiliate of GIC Private Limited, (GIC), Singapores sovereign wealth fund.
- This will give GIC a 32.5% ownership stake in Starbucks Coffee Korea Co., Ltd.
As Starbucks fifth largest market, South Korea continues to be an important market for Starbucks, said Michael Conway, group president, International and Channel Development. - As a long-term investor, GIC is confident that Starbucks Coffee Korea will play an important role in setting retail coffee trends and further driving industry growth in South Korea.
- As with all of Starbucks licensed markets, the company will continue to maintain a strong relationship with Starbucks Coffee Korea, leveraging Starbucks key global success drivers to enhance the local Starbucks Experience for customers and partners in Korea.
Redfin Report: Out-of-Towners Moving to Austin Spend $22,500 More on Homes Than Locals
Retrieved on:
Monday, July 26, 2021
The typical home purchased by out-of-towners in Austin sells for $470,000, versus $447,500 for locals.
Key Points:
- The typical home purchased by out-of-towners in Austin sells for $470,000, versus $447,500 for locals.
- Migrants also have higher down payments than locals, with a median of $111,500 versus $83,725 for locals.
- In Austin, the seventh most popular destination for Redfin.com users looking to relocate, the typical home sold for $485,000 in June.
- "People moving into Austin from out of town tend to come with a lot of cash from selling homes in expensive West Coast citiesespecially the Bay Area," said Austin Redfin agent Andrew Vallejo.
Milliman analysis: Competitive pricing rate for pension risk transfer costs increases to 100.0% in June
Retrieved on:
Friday, July 23, 2021
SEATTLE, July 23, 2021 /PRNewswire/ --Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI).
Key Points:
- SEATTLE, July 23, 2021 /PRNewswire/ --Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI).
- As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
- During June, the average estimated cost to transfer retiree pension risk to an insurer rose, from 102.0% of a plan's total liabilities to 102.4% of those liabilities.
- Meanwhile annuity purchase costs reflecting competition amongst insurers also increased, from 99.7% in May to 100.0% in June.
If you purchased certain microcap stock between May 2016 and July 2019, you may be eligible for distribution from the O'Rourke Distribution Fund
Retrieved on:
Friday, July 23, 2021
The matter has been resolved against O'Rourke, and the SEC has collected over $5.7 million (the "O'Rourke Distribution Fund") that it now seeks to distribute.
Key Points:
- The matter has been resolved against O'Rourke, and the SEC has collected over $5.7 million (the "O'Rourke Distribution Fund") that it now seeks to distribute.
- Additional funds timely directed to the O'Rourke Distribution Fund, and accrued interest, will be added to the Distribution Fund.
- On May 26, 2021, the Court approved a plan for the distribution of the O'Rourke Distribution Fund (the "Plan").
- Additional information regarding the O'Rourke Distribution Fund, including the Distribution Plan, the Notice, the Claim Form, relevant deadlines, and related materials are available on the Distribution website at www.OrourkeDistributionFund.com .
Home.com: Over Budget and Under Construction, First-Time Homebuyers Are Going All-in To Get a Piece of the Housing Boom
Retrieved on:
Friday, July 23, 2021
While strong buyers on paper, the Grafs are among many first-time homebuyers navigating unprecedented homebuying conditions that force buyers to make drastic compromises.
Key Points:
- While strong buyers on paper, the Grafs are among many first-time homebuyers navigating unprecedented homebuying conditions that force buyers to make drastic compromises.
- The Graf's desired location within the Seattle metro area boasts a median 5.2 days on market and $742,000 sale price.
- After an arduous search, the Grafs spent $565,000 on a house that clearly needed repairs and met too few of their requirements.
- While unique in many ways, their story points both to the extreme market conditions and the unwavering post-pandemic demand for housing nationwide.
Jones Soda Sets Second Quarter 2021 Conference Call for Thursday, August 5, 2021, at 4:30 p.m. ET
Retrieved on:
Thursday, July 22, 2021
Jones Soda management will host the conference call, followed by a question and answer period.
Key Points:
- Jones Soda management will host the conference call, followed by a question and answer period.
- A replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through August 12, 2021.
- Headquartered in Seattle, Washington, Jones Soda Co. (OTCQB: JSDA) markets and distributes premium beverages under the Jones Soda and Lemoncocco brands.
- Jones diverse product line offers something for everyone pure cane sugar soda, zero-calorie soda and Lemoncocco non-carbonated premium refreshment.